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Another Stop Loss Issue

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    Another Stop Loss Issue

    I want a stop loss at DonchianChannel upper or lower depending on if I'm long or short. I have drawn a dot on the chart at the appropriate stop placement however applying DoncianChannel indicator parameter to the SetStopLoss function yields a different stop placement than expected. Currently I'm getting a number far below what it should be. it should be 12920 but i'm getting 10348 according to the order tab in the Performance window. what am I doing wrong??

    Code:
            protected override void Initialize()
            {
                CalculateOnBarClose = true;
    
            }
    
    
            protected override void OnBarUpdate()
            {
    			if(CurrentBar <= BarsRequired)
    				return;
    			
    			if(Low[0] > SMA(High, 10)[0] &&
    				Low[1] > SMA(High, 10)[1] &&
    				Momentum(28)[0] > SMA(Momentum(28), 28)[0] &&
    				Position.MarketPosition == MarketPosition.Flat)
    			{
    				EnterLongLimit(SMA(High, 10)[0], "LE");
    				//DrawDot("LD", true, 0, SMA(High, 10)[0], Color.Green);
    				SetStopLoss(DonchianChannel(20).Lower[0]);
    				DrawDot("TEST", true, 0, DonchianChannel(20).Lower[0], Color.Blue);
    			}
    			
    			if(High[0] < SMA(Low, 8)[0] &&
    				High[1] < SMA(Low, 8)[1] &&
    				Momentum(28)[0] < SMA(Momentum(28), 28)[0] &&
    				Position.MarketPosition == MarketPosition.Flat)
    			{
    				EnterShortLimit(SMA(Low, 8)[0], "SE");
    				//DrawDot("LD", true, 0, SMA(Low, 8)[0], Color.Red);
    				SetStopLoss(DonchianChannel(20).Upper[0]);
    				DrawDot("TEST", true, 0, DonchianChannel(20).Upper[0], Color.Blue);
    			}
    
    		}

    #2
    Hello ShruggedAtlas,
    Thanks for writing in and I am happy to assist you.

    Please use the overload SetStopLoss(CalculationMode mode, double value) to set the stop and set the CalculationMode to Price.
    Code:
    SetStopLoss(CalculationMode.Price, this.DonchianChannel(20)[0]);
    Please let me know if I can assist you any further.
    JoydeepNinjaTrader Customer Service

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